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20131202
20131210
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FBC 13
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Search Results 0 to 12 of about 13
FOX Business
Dec 4, 2013 11:00am EST
economy and part of the american dream. i really don't think government should have to set a minimum wage. i would like to believe employers would want to pay a fair wage and one that doesn't have to be supplemented with welfare food stamps and health care. it is a good feeling when you pay your employees a wage where they can buy and afford to purchase goods and wares being sold. it is embarrassing for people who work in retail stores where profits are soaring and employees are making -- employers are making large income but the staff cannot afford to buy the goods they are selling. connell: when i heard it be great if the government didn't set a minimum wage. the conservative argument against raising the minimum wage is if you raise the wage too much, these businesses, it will hurt job growth, they will not want to keep paying it and they will lay people off so it will be detrimental to your cost. that is the argument. >> i think it is a good argument and i support keep government out of these decisions whenever you can. let the private sector work its will. the question of dispari
FOX Business
Dec 3, 2013 11:00am EST
: treating the economy like a crisis, talking about the recovery has been slow but not a crisis anymore and we need to get rid of this policy. >> the fed board in $3.5 trillion adding $85 billion a month. it is another trillion. and they did it in an environment where they were returning to normal behavior patterns. connell: the idea of being straightforward, absolutely, what happened? what is the follow-up? >> whether it is tech stocks, they go to an extraordinary level. bond prices go up because yields are coming down. you always get a warning at the end of the bubble, extraordinary reversal, and look at the bond markets, we just had that. at 1.7% on a ten year treasury, at an all lori: pace. after ben bernanke set i am worried about the pace of the interest rate, and climbing back up, all this money, inflation is inevitable, interest rates go up. and the bond bubble move, a bursting of the bubble, risk takers. and they are the ones that get hurt. connell: you are absolutely right, people have shifted their life savings to the bond market. interesting we started the show showing people in
FOX Business
Dec 2, 2013 1:00pm EST
delivering loans. the payload economy. every day we're working to be an even better company - and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. lori: all right. markets drifting a little here on the first trading day of the new month. as we do every 15 minutes let's head back down to the floor of the new york stock exchange to check in with nicole. nicole is watching krispy kreme in particular. >> that's right. we are watching krispy kreme donuts, kkd. it has a down arrow, down over 3%, take a look for yourself, down to 24.52. with this loss ahead of quarterly numbers after the bell. the stock has been on a tear however the last numbers back in august, earnings per share were less than expected. they have been facing higher costs and the like and we saw the stock move d
FOX Business
Dec 5, 2013 11:00am EST
numbers and growing the market. dagen: will we talk about this later in this half-hour? get the economy strong enough, wringing hands over federal reserve losses? charles: we are making the transition to a faster economy, the period when you hand the fed driven rally to the economy, weeks or months, and the bias will be to the downside. dagen: the fourth. and football. a missed call last week. and new technology on the field for the nfl. connell: cold weather driving that energy, we will have the forecast and latest on the market impact coming up as we continue on markets now. no one is talking about a down market but here are some winners on the s&p 500. dagen: this is what is coming up on the next half-hour of new technology that can help nfl officials and change the game looks, potentially. leading the charge as energy prices react to the bitter cold in thin the midwest. and not great news for stocks. we will dig into that even further. and a 1% on your christmas list who loves coffee? they gift for them. in short supply this year than even last. nicole: that is right. this will be h
FOX Business
Dec 6, 2013 11:00am EST
economy means good news for stocks. nicole is on the floor of the new york stock exchange to explain it all. nicole: we are seeing something have not seen in some time, some big gains, green arrows. triple digit gains in the dow jones industrial. we have not had an up day where at the closing bell we had i anp arrow for the dow. since before thanksgiving, since last wednesday. it is welcome especially for the bulls, but for right now it looks like we will be snapping our winning streak we have seen. up 8 of the last straight weeks, but last friday the dow closed 16,086, so some way to go with that. some all-time highs worth noting. you are hot on these names. 1064. back to you. dagen: i'm smiling because two of my favorite people on the planet are here. two of my favorite people. here to talk about this, the newest news on employers. 243,000 jobs in november beat estimate by more than 20,000 people. a five year low of ninth round. labor participation rate, the number of people in the workforce looking for work up slightly. what to make of all those. global chief investment officer. you
FOX Business
Dec 5, 2013 1:00pm EST
more positive news on the economy, lower on the statement that the fed will real in the stimulus. nicole petallides on the floor of the stock exchange on track for a fifth day of declines. nicole: we come off of the lurch and worth noting technology stocks, and attack have been nasdaq moved into the green moments ago for the nasdaq. up four points at 2,049. the s&p and the dow have down arrows. 15,823, and the loss is just 24 points. keeping an eye on the fear index, some strength in retailers, and what the fed will be doing. j.c. penney under pressure again, topsails coming in for j.c. penney and the lot of analysts say those 6 months are they're looking at markets, whether or not they believe some funding for next year. cheryl: thank you. huawei adam: the world's largest carrier may be carrying the iphone according to the wall street journal's china mobile, will likely author the phone later this month so what does this mean for companies? with more details and to break it down. >> to give some perspective, seven hundred million subscribers, the number of users of verizon in th
FOX Business
Dec 10, 2013 11:00am EST
. they have been successful at becoming a big part of the economy. how fun to bring in cuban citizens to the integrated world economy working beside them, free trading with them all the things you get in a free economy. i hope it happens. connell: we think about iran and other things. what about if you up relations with cuba, even shaking hands. if he were to go further as you suggest he might or should, that is a risky political move, isn't it? >> i see the point of those who criticized us, they say let's not shake hands with an evil regime, but my view has always been that when you demonize some of these second-rate dictatorships around the world, what you are doing, you are elevating them in the eyes of their own people. we are fighting the big bad united statess the better way to deal with these countries is to say we will talk to you, you are no threat to us to begin with three will talk about joining the globalq]eñ economy. you might as well join up with us. connell: is that just a little ahead of us ladies diplomate things work? >> maybe that is the way to do it, have somebody ta
FOX Business
Dec 9, 2013 11:00am EST
how everybody is data dependent. you have adjusted your thinking? you said the economy so far had not been strong enough to make its time to taper, but now that has changed? >> the economy is certainly doing better. the lead indicators, manufacturing, some of the retail numbers have certainly improved since we last talked. employment numbers are eight bit better. still not great, but it is better. the lagging one is the inflation. i think things have improved enough that maybe the injured forward enough. i suspect a very legitimate debate to move at the december meeting. so it is coming in the next few months. connell: let me go back there one more time. you talk about the fact valuations in several areas were stretched now here we are 16,035 or thereabouts). now the economy is picking up, the market still above 16,000 the pullback with friday's big again. what about the valuations as you see them today? >> they were the triple digit nasdaq companies, some of which are still fairly expensive. the market overall i don't think you can power the table and say it is cheap anymore, but
FOX Business
Dec 4, 2013 1:00pm EST
germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutuafunds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. adam: yes, another icon of magazines has gotten back just as vennable name you thought had died is mounting a comeback in print. like horse buggies. horse whips. dennis kneale with all the news fit to print. dennis? >> "newsweek" back from the dead. venerable "newsweek" went out of print late last year. clinging to the online existence in the belly of "the daily beast". the beast is knew a small buyer. "newsweek" says run the presses it will be a print version next year, a shadow of a it former self, 64 pages. gets more money from subscribers than advertisers. with startling circulation of only 100,000. that is basically a small local newspaper for once venerated national magazine that peeked at 3 in.3 million subs in 1991. -- 3.3 mill
FOX Business
Dec 6, 2013 1:00pm EST
, march? >> very much like peter said, many want more evidence the economy is indeed strong enough that they feel comfortable to pull back a bit because the last thing they want to do is pull back and have to reverse course. they stop asset purchases twice before only to come back in again. they don't want that to happen. december is a tough time to start tapering. a lot of people are on vacation, the market is very thin. the last thing they would want to do is potentially make a move leading to an exaggerated reaction in the bond market because again you have this. it will be a 2014 story. cheryladam: why not the january meeting? is that too soon? speak a lot of people have turned their forecast focus to . you don't have it press conference afterwards. you can always announce the decision to start doing press conferences after every meeting and that would put january into play. between the leadership transition, the fact they will not be doing new forecasts. we are looking for a very weak fourth-quarter gdp number. could only be half to 1%. adam: let me play devil's advocate. gdp
FOX Business
Dec 2, 2013 11:00am EST
fundamentals in the economy justify the equity and well. it is hard to correlate with the sluggish growth we continue to see. outside of that the asset purchases by the fed and aggressive monetary policy we have seen serves the purpose of inflating risk premiums and essentially causing them to tighten places they wouldn't otherwise be. i don't think that is just an equity or fixed income issue. all sectors will be affected if that begins to unwind. connell: one of the big stories no doubt it's going to be one type of federal reserve will generate yellen oversee and willie federal reserve as to this risk or take away from it. what is your view? >> from a market perspective it is all about expectations, and the expectations are already in the price of fed is going to taper. we think the fed essentially already tapered this summer, so if you look back to announcements when the fed announced aggressive asset purchases, interest rates began to rise after that announcement. we would not be surprised to see riverreverse happen as the fed announces tapering of quantitative easing in the next couple
FOX Business
Dec 9, 2013 1:00pm EST
content to unfold? >> the uncertainty is the plague on the economy. the fact businesses cannot plan health care or tax policy, i don't know their obligations, standing in the way of the progress of recovery by thwarting business at every turn. the economy may be turning around. it is not going to be where it should be, they refused to take the lead and help businesses. they are together, it is a shared responsibility and went businesses do their job and congress is not doing theirs, they had to start reading up on capitol hill with the hous housd senate and the protected. adam: oil is holding steady in today's trade, so the prices come too far, too fast? let's turn to phil flynn in the trading pits of the cme. explain, what happened. >> i don't know if it is so much wti came up too much, too fast, or the fact everybody was unwinding. the main feature was to buy brand, that with the trade going to the end of the year. now with supplies the u.s. at the highest level since the 1930s, production coming on and reversal of the keystone pipeline from pushing down is going to bring the spre
FOX Business
Dec 3, 2013 1:00pm EST
major city with a diverse economy and a lot of resources to face the challenge with. adam: thank you very much. a reference on that is the morningstar report. that looked at municipal debt of cities throughout the country. thank you for coming to talk about this. won't end anytime soon. lori: detroit not alone working out the debt problems. lawmakers in illinois gearing up for a vote to close the state's $100 billion pension shortfall. the proposed plan includes raising the retirement age for workers younger than 45 and cutting retirement benefits. the plan is supportive of governor pat quinn and unions say they will sue if the legislation is passed. automakers were thankful for thanksgiving weekend, the big three posting monthly gains in november compared to this time last year. ford's november sales jumped 7%. gm notched 14% gain and big winner chrysler coming with a 16% sales increase. a slow month for auto sales manufacturers offer deals to capitalize on the holiday shopping season. adam: is now the time to get bullish? the biggest bears in retreat but wall following suit today.
Search Results 0 to 12 of about 13